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Vistara’s CEO Moves To Senior Position At Singapore Airlines

On Tuesday, India’s full-service carrier Vistara announced that the company’s CEO Leslie Thng will move to Singapore Air carriers from January 1, 2022. The airline’s CCO (Chief Commercial Officer) Vinod Kannan will replace Thng as the new CEO. The announcement comes just days before the Tata Group, a majority shareholder of Vistara, is supposed to place a final bid in an attempt in order to acquire the national provider Air India.

Vistara’s CEO Moves To Senior Position At Singapore Airlines
Vistara CEO Leslie Thng will proceed to Singapore Airlines from January 1, 2022. Photo: MONEY SHARMA/AFP via Getty Images

New role at Singapore Flight companies

After serving as Vistara’s CEO for more than four years, Leslie will take up a senior appointment at Singapore Airlines starting January 1, 2022. Vistara, a joint venture between Tata Sons and Singapore Airlines, has found Thng’s successor in the company’s present CCO, Vinod Kannan, who will take charge as the CEO next year.

Regarding this major shift in senior management, Vistara’s Chairman Bhaskar Bhat said,

“Leslie has led the particular airline through a significant phase, with the start associated with international operations and the entry into service of various aircraft including the Boeing 787-9 Dreamliner. Vinod will lead Vistara in its next phase of growth, building on the strong foundation laid by Leslie. This Company} continues to benefit from the strong commitment of the two partners Tata Sons and Singapore Airlines to Vistara. ”

Vinod Kannan to take charge

Kannan comes with years of airline experience. Degree educated in Business Management from UCLA, he joined Singapore Airline carriers in 2001, where he held various senior level positions, including serving since the Chief Commercial Officer for Scoot, a budget airline plus subsidiary of SIA. He handled global network planning of the SIA Team and has experience running operations in Indonesia, Italy, in addition to Saudi Arabia.

Kannan joined Vistara in 2019 as Main Strategy Officer and currently heads key departments, including Network Planning, Revenue Management, Marketing, Customer Experience, and even Cabin Service functions.

Challenges ahead

Kannan has his work cut out for him. He takes charge of an airline that hasn’t turned a profit since its inception, as well as the pandemic hasn’t made things any easier. Several regarding the airline’s ambitious plans, including route expansion to typically the US are currently in the doldrums.

As this new CEO, Kannan’s priority will be to minimize loss together with eventually move Vistara within a direction where it becomes a profitable enterprise. Running a full-service service provider in an extremely price-sensitive Indian market is no small task. The toppling of Kingfisher Airlines and Jet Airways by ultra-competitive low-cost carriers has become a cautionary tale for others and a template with regard to how not to run a full-service airline in India.

Vistara’s CHIEF EXECUTIVE OFFICER Moves To Senior Body placement At Singapore Airlines
It will be interesting to see if Kannan can pull Vistara out of the losses. Photo: Airbus

Kannan, however , is optimistic about Vistara’s growth. In the recent interview with BusinessLine , he said he was hopeful that Vistara would see pre-Covid numbers by the end of often the calendar year, fuelled by your festive season in Indian. He did add that will such plans will only material if there are no more deadly COVID waves. While he remained tight-lipped around the Air India issue, Kannan displayed full confidence within the Vistara brand even as new airlines seek to enter the Indian native market. He said,

“As for Vistara, I might say yes, we do have an edge. In terms of what kind involving customers we are targeting, our international network, a modern fleet. Many soft features make us different like wifi, charging ports, meals, customer service, and the exact crew’s service on board. ”

New direction regarding Vistara?

It’ll be interesting to see what new perspective Vinod Kannan brings when he steps in as the carrier’s CEO next year. The particular key announcement of his leadership role also comes at an interesting time when the Tata Group programs to place a bid to be able to purchase Air India . We could be reading too much into the coincidence, so it’ll be fascinating to see how the deal pans out for Vistara.

Here’s hoping of which better days await intended for the airline and Kannan steers it towards a new profitable future.

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